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Stock Market & Financial Investment News

News Breaks
October 4, 2012
08:08 EDTAPPAmerican Apparel reports preliminary September sales up 10%
American Apparel announced preliminary total net sales for the month ended September 30 increased 10% to $51.1M when compared to the month ended September 30, 2011. Between the same periods, comparable retail and online sales on a preliminary basis increased an estimated 15% and wholesale net sales increased an estimated 1%. For the quarter ended September 30, total net sales increased an estimated 15% to $162.6M.
News For APP From The Last 14 Days
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July 6, 2015
08:47 EDTAPPAmerican Apparel announces phase in turnaround, $30M in cost cutting initiative
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June 23, 2015
07:17 EDTAPPAmerican Apparel unveils Dov Charney’s “sordid” behavior, NY Post reports
American Apparel disclosed “sordid details” of the investigation into founder and former CEO Dov Charney, who recently filed a defamation suit against the company, that resulted in his firing, the New York Post reports, citing a court filing. The filing says that the company found “voluminous evidence” that Charney had “sexual liaisons” with employees and models, exchanged pornographic emails and text messages, and took videos and photographs of these encounters using company property, the report says. Reference Link
June 22, 2015
09:08 EDTAPPAmerican Apparel sued by former CEO Charney, LA Times reports
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